Question: A security will pay $500 in one year, $400 in two years, and $300 in three years. If the appropriate discount rate is 8.4% per

 A security will pay $500 in one year, $400 in two

A security will pay $500 in one year, $400 in two years, and $300 in three years. If the appropriate discount rate is 8.4% per year, what is the value of the security today? O A) $1,116,35 B) $1,037.19 C) $981.72 OD) $1,195.38 E) $1,009.55

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